Banque et Caisse d’Epargne de l’Etat, Luxembourg

 (4.5; 11 ratings)
4.5 11
Business Focus
universal banking

Banque et Caisse d'Epargne de l'Etat (BCEE) is a universal bank offering a broad range of retail and corporate products and services to individuals, families, SMEs and business entities. BCEE is a state-owned bank, its sole shareholder is the State of Luxembourg.

Financials

Total Assets (2018)
46,128.19 mln EUR  (+1.34%)
Annual Profit (2018)
175.37 mln EUR  (-27.17%)
Number of Employees (2018)
1,857  (+2.03%)

Banque et Caisse d’Epargne de l’Etat, Luxembourg is the 1st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 46 128,19 mln EUR. In 2018 the bank's annual profit was 175,37 mln EUR. Banque et Caisse d’Epargne de l’Etat, Luxembourg had 1 857 employees in 2018.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Banque et Caisse d’Epargne de l’Etat, Luxembourg is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de garantie des dépôts Luxembourg (FGDL)
Covered Depositors
natural persons (Luxembourg and foreign)
SMEs, companies
Covered Accounts
all cash deposits

Banque et Caisse d’Epargne de l’Etat, Luxembourg participates in the deposit guarantee scheme of Luxembourg. This deposit guarantee scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies and covers up to up to 100,000 EUR per bank per depositor. Banque et Caisse d’Epargne de l’Etat, Luxembourg is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.

Contacts

1, Place de Metz, 1930, LUXEMBOURG, Luxembourg
+352 40 15 1
+352 40 15 2099

Banque et Caisse d’Epargne de l’Etat, Luxembourg is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
BCEELULL
LEI
R7CQUF1DQM73HUTV1078
MFI ID
LUB00001

Bank History

Start Date
February 1856

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Banking Products in Luxembourg